Meta partners with James Cameron’s tech venture to boost mixed reality content

(Reuters) – Meta Platforms said on Thursday it has partnered with film director James Cameron’s technology venture Lightstorm Vision to enhance the creation of 3D entertainment, including live sports, concerts and TV series, for the Meta Quest. The Quest headset will be Lightstorm Vision’s exclusive mixed reality hardware platform, the Facebook-parent said. The partnership underscores…

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Dollar General flags profit margin squeeze from holiday discounts, shares fall

(Reuters) -Dollar General warned on Thursday profit margins would be pressured in the holiday quarter due to higher promotions and discounts as shoppers stuck to buying more essentials like groceries, sending its shares down as much as 5%. A shorter 26-day period between Thanksgiving and Christmas, coupled with frugal consumer spending, has pushed U.S. retailers…

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